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Now showing items 1-5 of 5
Are Some Lives More Valuable?
(2003)
A theoretical model of the ethical preferences of individuals is tested by conducting a
choice experiment on safety-enhancing road investments. The relative value of a
saved life is found to decrease with age, such that ...
Do You Enjoy Having More Than Others? Survey Evidence of Positional Goods
(2003)
Although conventional economic theory proposes that only the absolute levels of
income and consumption matter for people’s utility, there is much evidence that relative
concerns are often important. This paper uses a ...
What contributes to life satisfaction in transitional Romania?
(2003)
This paper analyzes life satisfaction in Romania in 2001, 12 years after the collapse of
communism and the beginning of the transition into a market economy. Using a survey
of 1770 individuals, we find that our results ...
Are Commercial Fishers Risk Lovers?
(2003)
Empirical studies of fishers’ preferences have found that most fishers are risk-averse, while expected-utility theory predicts risk neutrality even for sizable stakes. We test this prediction using data from a stated choice ...
Anyone for Higher Speed Limits? - Self-Interested and Adaptive Political Preferences
(2003)
Swedish survey-evidence indicates that variables reflecting self-interest are important in
explaining people’s preferred speed limits, and that political preferences adapt to
technological development. Drivers of cars ...